Bill Swanstrom

Overview

Bill Swanstrom serves as Co-Chair of the Firm's Energy Practice Group. Bill has over 25 years of experience working with energy companies in their significant acquisition, divestiture, project development and finance activities. He also has substantial experience in energy private equity transactions, representing both investors and companies. He is a regular speaker and writes on energy M&A and project development issues. Bill has been recognized in Chambers USA as "an incredibly talented lawyer who is an excellent resource for clients."

Bill Swanstrom serves as Co-Chair of the Firm's Energy Practice Group. Bill has over 25 years of experience working with energy companies in their significant acquisition, divestiture, project development and finance activities. He also has substantial experience in energy private equity transactions, representing both investors and companies. He is a regular speaker and writes on energy M&A and project development issues. Bill has been recognized in Chambers USA as "an incredibly talented lawyer who is an excellent resource for clients."

Representative Experience

Advised the Conflicts Committee of Spectra Energy Partners, LP (SEP) in the completed conversion of all of Enbridge Inc.’s incentive distribution rights (IDRs) and general partner economic interests in SEP into 172.5 million newly issued SEP common units

Represented Saddle Butte Rockies Midstream, LLC and affiliates in its announced $638.5 million acquisition by Black Diamond Gathering, LLC, a newly formed joint venture by Noble Midstream Partners LP and Greenfield Midstream, LLC

Represented Silver Creek Midstream, LLC, a portfolio company of Tailwater Capital, LLC, in the acquisition of Red Butte Pipe Line LLC for an undisclosed value

Represented Medallion Gathering & Processing, LLC in its sale to an affiliate of Global Infrastructure Partners for a cash purchase price of $1.825 billion

Represented Tailwater Capital, LLC in the sale of Align Midstream, LLC to Enable Midstream Partners, LP for approximately $300 million

Represented Stronghold, Ltd. and Stronghold Specialty, Ltd. in the company’s acquisition by Quanta Services, Inc. for $450 million base consideration with a maximum additional contingent consideration of $100 million

Represented American Midstream Partners LP in its merger with JP Energy Partners LP to create a combined midstream platform. The combined partnership creates a diversified midstream business operating in leading North American basins

Represented the Conflicts Committee of Crestwood Equity Partners LP in its merger with Crestwood Midstream Partners LP to create a single publicly-traded partnership with an enterprise value of $7.5 billion

Represented Cleco Corporation in its $4.7 billion acquisition by a North American investor group.

Represented The Energy & Minerals Group in its formation of a joint venture to develop midstream infrastructure in the Utica Shale

Represented Helix Energy Solutions Group in the $620 million sale of its oil and gas subsidiary to Talos Energy

Represented Martin Midstream Partners L.P. in its $275 million sale of East Texas and Northwest Louisiana natural gas gathering and processing assets to CenterPoint Energy

Represented Eagle Rock Energy Partners, L.P. in its acquisition of processing plants and a 2,500 mile gathering system from BP America Production Company

Represented Crestwood Midstream Partners LP in its $900 million acquisition of Quicksilver Gas Services, a publicly-traded master limited partnership, its $338 million acquisition of midstream assets from Frontier Gas Services, LLC, and its $377 million acquisition of midstream assets from Antero Resources

Represented High Sierra Energy, LP in its merger with NGL Energy Partners LP

Represented The Energy & Minerals Group, a large energy private equity fund, in a $700 million joint venture with MarkWest Energy Partners to develop gathering and processing assets in the Marcellus Shale and in its subsequent $2 billion sale of its interest to MarkWest Energy

Represented Zephyr Gas Services (a portfolio company of Dorado) in its $185 million sale to Regency Energy Partners

Represented NATCO in its $800 million stock-for-stock merger with Cameron

Acted as project counsel in representing the Rockies Express joint venture in developing the largest gas pipeline built in the U.S. in the last 25 years

Represented a large domestic electricity generation company in a series of power plant sales totaling approximately 1,500 MW in generation

Represented Parsons E&C (one of the largest U.S. engineering companies in the energy business) in its $240 million sale to The Worley Group, an Australian company in the same business. Have continued to represent the combined company – WorleyParsons - in a number of acquisitions both domestically and internationally

Represented major energy company in its acquisition of 1,700 MW of electricity generation assets in New York for purchase price in excess of $1 billion

Showing Results for

Notable Matters

A Locke Lord team led by Michelle Earley (Austin), Bill Swanstrom and Ann Williams(both of Houston) represented Southcross Holdings Borrower LP in the announced sale of the Robstown NGL fractionation facility located near Corpus Christi, Texas to EPIC Midstream Holdings, LP.

A Locke Lord team led by Michael Blankenship, Bill Swanstrom and Steve Peterson (all of Houston) represented EnCap Flatrock Midstream as Lotus Midstream, a portfolio company of EnCap Flatrock, announced the acquisition of the Centurion pipeline system and a Southeast New Mexico crude oil gathering system from Occidental Petroleum Corporation.

A Locke Lord team led by Steve Peterson, Bill Swanstrom and Michael Blankenship (all of Houston) acted as legal advisor to EnCap Flatrock Midstream in portfolio company Moda Midstream, LLC’s announced acquisition of the Oxy Ingleside Energy Center (IEC) and certain crude oil and LPG infrastructure from Occidental Petroleum Corporation.

A Locke Lord team of Eric Larson, Hunter Summerford, Bill Swanstrom and Max Stubbs (all of Houston) represented Alta Mesa Resources, Inc. and its various subsidiaries, including Kingfisher Midstream, LLC, in the execution of definitive agreements to form Cimarron Express Pipeline, LLC with Blueknight Energy Partners, L.P. and affiliates of Ergon, Inc.

A Locke Lord team of Bill Swanstrom, Michael Blankenship, Jeff Wallace and Ben Smolij (all of Houston) and Michelle Earley (Austin) provided legal counsel for the Conflicts Committee of Spectra Energy Partners, LP (SEP) in the completed conversion of all of Enbridge Inc.’s incentive distribution rights (IDRs) and general partner economic interests in SEP into 172.5 million newly issued SEP common units.

A Locke Lord team led by Bill Swanstrom and Ann Williams (both of Houston) represented Silver Creek Midstream Holdings, LLC, a portfolio company of Tailwater Capital, LLC, in the acquisition of Red Butte Pipe Line LLC for an undisclosed value.

A Locke Lord team led by Kevin Peter and Michael Blankenship (both of Houston) represented Medallion Gathering & Processing, LLC in the company’s sale to an affiliate of Global Infrastructure Partners (GIP) for a cash purchase price of $1.825 billion, announced Oct. 2, 2017 and closed Oct. 30, 2017.

Disclaimer

Please understand that your communications with Locke Lord LLP through this website do not constitute or create an attorney-client relationship with Locke Lord LLP. Any information you send to Locke Lord LLP through this website is on a non-confidential and non-privileged basis. Therefore, do not send or include any information in your email that you consider to be confidential or privileged.